Washington H Soul Pattinson & Co. Ltd (ASX: SOL) is an investment house business which has been on the ASX for over a century. Its origins are in owning and operating Australian pharmacies, which is where the Soul Pattinson chemist chain comes from, however, that business is now owned by Australian Pharmaceutical Industries Ltd (ASX: API), which WHSP owns 19.3% of. WHSP invests in a large number of companies across a variety of industries such as construction, resources and telecommunications.
Washington H. Soul Pattinson (ASX:SOL) has started investing in a new sector and it has made me even more comfortable about buying shares.
The world is changing at a faster pace, so it’s important to have a diversified portfolio.
I think the best way to make good investment performance is to choose great shares and hold them for at least five years.
I’m putting my investing money towards Washington H. Soul Pattinson and Co. Ltd (ASX:SOL) at the moment.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.50% at lunch.
The ASX 200 (ASX:XJO) is expected to open down quite heavily today (around 1.8%), adding onto the pain of yesterday.
The Reserve Bank of Australia (RBA) has cut interest rates again, which makes it very hard for retirees to make the necessary returns from their money. ASX shares could be the answer.
The ASX 200 (ASX:XJO) is expected to drop around 1% today. And I’m really excited about it!
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.62% at lunch.
